The statement added: «No further announcements on the stamps will be made prior to the funeral, and only in due course, after consultation with Buckingham Palace.» In short, I have already heard that Royal Mail stamps are legal tender and that you can «spend» them at the post office. If you have to pay the shipping costs, you can instead give them stamps by value (probably with cash for the difference) and you can use them to pay for postal supplies such as envelopes. You may even be able to use them to pay for a driver`s license application, just like you do at the post office. In Scotland and Northern Ireland, royal coins are the only legal tender. Their own banknotes are not considered legal tender and are only classified as legal tender, a completely different issue. If a store decided tomorrow that it would only accept cash payments from Monopoly, it would act within its rights and no one could take legal action against it. The Austrian stamps in Schilling were demonetized on 1 July 2002. The majority of people believe that legal tender refers to a form of payment that a company must legally accept. However, it may be surprising to learn that this is simply not the case. The six self-governing Australian colonies that formed the Commonwealth of Australia on 1 January 1901 operated their own postal service and issued their own stamps. Under section 51(v) of the Constitution of the Commonwealth of Australia of 1900, «postal, telegraphic, telephone and similar services» became the responsibility of the Commonwealth. The company said a stamp gallery with the Queen is available on its website. Of course, if you have to pay the shipping costs, you can use stamps.
Before we talk about stamps, it`s important to remember this fact: no retailer is legally required to sell you anything or accept your offer. Simply put, stamps are not legal tender in the UK. «All special stamps that have already been announced will be issued, although the start dates of some may change. Malta adopted the euro on 1 January 2008. The stamps issued shortly before and after the changeover to the euro (between 22 December 2006[4] and 28 June 2008) concerned both the Maltese lira and the euro, in accordance with the guidelines issued by the National Committee for the Conversion of the Euro. [5] Pre-2006 stamps denominated only in lira remained valid until 31 January 2008 and could be exchanged for stamps denominated in euro until March 2008, after which they were demonetised. [6] Two-currency stamps issued since December 2006 are still valid today for use with stamps denominated in euros. [4] [5] A statement from the Royal Mail said: «After the death of Queen Elizabeth II, Royal Mail confirmed that stamps bearing the image of Her Majesty Queen Elizabeth II remain valid. First of all, what is classified as legal tender depends on the country you are in in the UK. For England and Wales, legal tender consists of coins minted by the Royal Mint and banknotes produced by the Bank of England. The demonetization of postage stamps and tax stamps is the process by which stamps are no longer valid. In general, stamp demonetization is a rare event because each unused stamp actually matches its face value and there is no financial inconvenience when postal customers use old stamps on their mail.
Demonetization occurs mainly in the context of major upheavals in the postal system, such as a transfer from one country to another, or currency changes, such as decimalization, or a change of government. The process of exchanging millions or billions of stamps in the hands of the public, as well as the exchange of postal stock, is usually complicated and difficult, and offers a lot of interest to students of postal history. The German stamps denominated in deutschemarks were demonetized on 1 July 2002. All stamps issued since 9 November 2000 are valid for postage. We find the subject of legal tender so interesting that we forgot about stamps! The answer is no, stamps are not legal tender. Only banknotes and coins issued by the Royal Mint are legal tender. However, stamps have value. Therefore, if an item is labeled at the wrong price, there is no legal obligation for the merchant to accept your offer at that price. They could then sue them for «false advertising,» but if they can prove it`s a mistake, they haven`t done anything wrong. For example, the 50p coin is legal tender for any amount up to £10, but no more. So if your debt is £11, you can`t make a legal tender transaction only in 50p coins.
Similarly, all copper coins up to 20 pence are legal tender and nothing more. Why do you need to know this? In truth, you don`t, because it`s very unlikely that it will ever worry you. The country of Poland has a very recent example of demonetization with stamp issues from 1990 to 1994. During this period, due to hyperinflation, the face values of the stamps gradually changed the face values to thousands of złoty. Commemorative stamp issues from 1995 to 1997 are now demonetized, as are some selected editions, as announced by the Polish Post Office. The government has now intervened to destroy that. In a circular we issued yesterday, the postal service gave instructions to postmasters to «treat as unpaid any letter placed in a post office for shipment that could be covered with a stamp that is polluted or disfigured in the first place, or that appears to have been used to pay the shipping costs.» It is impossible to put these stamps into circulation without «polluting or evacuating» them more or less; And so the simple fact of circulating them is to make them worthless.